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Topic “Taiwan”

Taiwan’s NFC Banking Joint Venture Gets Set to Launch TSM Service Amid Crowded Field of Platforms

Nov 18 2014 (All day)

NFC Times Exclusive: More than 25 Taiwanese banks have signed up to potentially launch NFC mobile-payments services using a TSM platform being launched by a joint venture of three domestic processing and interbank groups.

Taiwanese Telco Launches NFC; Implementation Issues with Mifare Limits Handset Models

Oct 2 2014 (All day)

TAIPEI, Taiwan – Taiwan’s largest telco, Chunghwa Telecom, Wednesday announced the launch of its long-planned NFC commercial service, enabling MasterCard PayPass credit cards from four banks, along with one of the first mobile NFC services supporting a Mifare transit purse, EasyCard.

Taiwan’s No. 1 Telco Prepares to Announce NFC Commercial Launch

Oct 1 2014 (All day)

Taiwan’s largest mobile operator, Chunghwa Telecom, will announce the small commercial launch of NFC service on Wednesday, with participation from MasterCard Worldwide, four major banks and the island nation’s largest transit and retail e-purse, EasyCard, NFC Times has learned.

Taiwan Telco Group Goal of 2014 TSM Launch May be Hard to Reach; NFC SIM Footprint Also Small

Jul 24 2014 (All day)

Taiwanese mobile operators have sold a combined 4.2 million NFC-enabled phones and hope to launch their joint TSM platform by the end of the year.

Asia-Pacific Banks Gear Up for HCE; Likely Site of Some of the First Issuer-Led Launches

NFC Times Exclusive: Despite the interest in host-card emulation in North America and Europe grabbing the spotlight, there is a good chance that banks and other issuers in Asia-Pacific could generally commercialize the technology first, sources told NFC Times.

Tenders Due for TSM Platform Planned by Taiwanese Banking Joint Venture

NFC Times Exclusive: Tenders are due tomorrow from vendors in response to a request for proposal for Taiwan’s second planned centralized trusted service management platform–this one from Taiwanese banking groups, which formed a mobile-payments joint venture late last month.

Four Asian Telcos Seek to Enable Cross-Border Roaming of NFC Services

BARCELONA, Spain – It’s an oft-repeated goal by NFC backers–to enable customers to use a variety of NFC services when they roam in different countries by downloading the local applications when they arrive at the airport or at the point of service. 

Taiwanese NFC Joint Venture Hires TSM; Low Price Could Impact Other Markets

NFC Times Exclusive: Taiwan’s NFC joint venture formed last year by the country’s five mobile operators and closed-loop payment scheme EasyCard has chosen a TSM provider for its planned TSM hub, NFC Times has learned.

Taiwanese NFC Joint Venture Finally Chooses Chairman, but Ecosystem Remains Unsettled

NFC Times Exclusive: A former general manager of Taipei’s large contactless transit ticketing and closed-loop payment scheme, EasyCard, has been named chairman of an NFC joint venture set up by Taiwan’s five mobile operators and EasyCard Corp., NFC Times has learned.

NFC Backer Chunghwa Telecom Seeks Cut of Transaction Fees with New QR Code Payments Service

Taipei, TAIWAN – NFC Times Exclusive: Chunghwa Telecom, Taiwan’s largest mobile operator and a long-time backer of NFC, has introduced its QR code-based mobile-payments service, with plans to pursue NFC and QR code mobile-payments in separate tracks.

HEADLINE NEWS

OTI Reduces Growth Estimate and Pushes Back Positive EBITDA Prediction

Israeli-based NFC and contactless company On Track Innovations pushed back its prediction for positive adjusted EBITDA back to the third quarter of 2015 and reduced its estimate for 2014 revenue growth to 10%, down from the 30% it had predicted previously, the company reported in its quarterly earnings call.

DeviceFidelity Acquired by mPOS and Reader Component Supplier Kili

Canada-based Kili Technology, which supplies hardware modules, firmware and IP for mobile point of sale, readers and other payment-acceptance devices, has acquired NFC-accessories vendor DeviceFidelity.

Subway Eschews Exclusivity, Supports Multiple Mobile Wallets

NFC Times Exclusive: LAS VEGAS, Nev. – While a number of major U.S. merchants have pledged to only accept one mobile-payments service, that is not the case for giant Subway sandwich chain, which has now introduced at least three major options for its customers to pay with their smartphones.

AmEx and Discover Weigh In On HCE, Tokenization and Acceptance

Las Vegas, Nev. – No single mobile payments provider or platform will dominate the market in the long run, so card networks should adopt a flexible approach, CEOs of two major payment networks, American Express and Discover Financial Services, told attendees at this week’s Money 2020 conference.

Softcard Touts Rewards to Increase Wallet Activations; Insists it Will Support Wallet on iPhone SIMs

LAS VEGAS, Nev. – Softcard CEO Michael Abbott was selling the value of rewards in the telco-owned mobile wallet today during a keynote address at the Money 2020 conference in Las Vegas.

Despite Talk of NFC and BLE, QR Codes Expected as Main Technology for MCX Launch

Although Dekkers Davidson, CEO of the big MCX mobile-commerce consortium in the U.S., said the group is working on Bluetooth low energy and NFC, the main technology MCX is expected to launch with next year will still be QR codes.

MCX Weighs in on Exclusivity Clause as Merchant Group Battles Apple Pay

The MCX Merchant group has confirmed what most insiders already knew: That it has an exclusivity clause for members to only accept mobile payments from its own payments platform.

Taiwan’s NFC Banking Joint Venture Gets Set to Launch TSM Service Amid Crowded Field of Platforms

Nov 18 2014 (All day)

NFC Times Exclusive: More than 25 Taiwanese banks have signed up to potentially launch NFC mobile-payments services using a TSM platform being launched by a joint venture of three domestic processing and interbank groups.

Small Issuers Sign Up for Apple Pay but Want to Keep Customers Using the Issuers' Own Applications

NFC Times Exclusive: Small financial institutions want their members to be able to use Apple Pay, but would prefer to keep transactions in their own branded mobile applications instead, sources at participating credit unions have told NFC Times.

NXP Reports NFC Sales Soar on Shipments to Apple

NXP Semiconductors reported a big jump in sales from its emerging ID unit in the third quarter, thanks to shipments of NFC chips and secure elements to Apple for the tech giant’s new iPhones.

Amid High-Profile Win with Apple, NXP Quietly Loses NFC Business for Samsung’s Galaxy Handsets

NFC Times Exclusive: While NXP Semiconductors won the coveted contract to supply NFC chips and secure elements to Apple for its new iPhone models, it has been cut out of the recent business for Samsung Galaxy handsets, including the Note 4.

NFC Booster Chip in New iPhones One Key to Apple Pay Performance, Though Not Yet Standardized

NFC Times Exclusive: In what is believed to be one of the first uses for NFC booster technology in NFC phones, the new iPhone 6 and iPhone 6 Plus feature an amplifier chip enabling a unique antenna design by Apple for its Apple Pay service that launched Monday.